Monitor the next earnings call for commentary on the revenue decline and sustainability of Pega Cloud ACV growth. The stock may react to the guidance reaffirmation and cloud momentum.
Price Chart
Executive Summary
Pegasystems reported Q1 2026 earnings with a 10% revenue decline and a 61% GAAP EPS decline, missing consensus. However, the company reaffirmed its 2026 guidance and highlighted strong Pega Cloud ACV growth of 29% YoY, which is the primary driver of future growth.
Key Financial Metrics
Key Facts
- Q1 2026 revenue was $429.973M, down 10% YoY, missing $467.2M consensus
- GAAP EPS was $0.18, down 61% YoY, missing $0.69 consensus
- Non-GAAP EPS was $0.46, down 39% YoY
- Pega Cloud ACV grew 29% YoY to $906.652M, a key growth driver
- ACV grew 12% YoY to $1.622B
- Company reaffirmed its 2026 guidance of $2.0B revenue and $595M cash flow from operations
Financial Impact
Revenue miss of $37.2M, GAAP EPS miss of $0.51
Risk Factors
- Continued revenue decline could pressure stock
- Pega Cloud ACV growth may not offset overall revenue decline
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001013857-26-000025 |
| Document: pega-20260421.htm | 0001013857-26-000025 |
| Document: 0001013857-26-000025-index-headers.html | 0001013857-26-000025 |
| Document: 0001013857-26-000025-index.html | 0001013857-26-000025 |
| Document: 0001013857-26-000025.txt | 0001013857-26-000025 |
| 8-K Data (Synthetic) | 0001013857-26-000025 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | Court Ruling | $36.42 | awaiting T+20 | — | $36.02 (−1.10%) |
Oct 21, 2026 6d ago | Court Ruling | $36.65 | awaiting T+20 | — | $36.02 (−1.72%) |
Oct 20, 2026 6d ago | 8-K | $35.18 | awaiting T+20 | — | $36.02 (−2.39%) |
Sep 17, 2026 5w ago | Insider Cluster | $35.02 $34.54 | ▼ −1.37% | ▼ −1.57% | $36.02 (+2.86%) |
Sep 15, 2026 5w ago | Insider Cluster | $36.84 $33.83 | ▼ −8.17% | ▼ −10.23% | $36.02 (−2.23%) |
Sep 15, 2026 6w ago | Insider Cluster | $36.84 $33.83 | ▲ +8.17% | ▲ +10.23% | $36.02 (+2.23%) |
Jun 8, 2026 20w ago | 8-K | $34.16 $32.21 | ▼ −5.71% | ▼ −7.15% | $36.02 (+5.44%) |
Apr 24, 2026 26w ago | DEFA14A | $36.77 $34.33 | ▼ −6.64% | ▼ −11.59% | $36.02 (−2.04%) |
Apr 21, 2026 26w ago | 8-K | $37.48 $33.50 | ▲ +10.62% | ▲ +13.78% | $36.02 (+3.90%) |
Mar 10, 2026 33w ago | Insider Cluster | $44.66 $41.20 | ▼ −7.74% | ▼ −7.59% | $36.02 (−19.34%) |
US Market Status
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